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UnknownUnicorn1615905

BTCUSD / 100+ point drop

Short
Bitcoin (BITMEX:XBTUSD.P)  
UnknownUnicorn1615905 Updated   
BITMEX:XBTUSD.P   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTCUSD XBTUSD bitcoinforecast Bitcoin (Cryptocurrency)
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trendanalysis chartpattern indicator btcusd xbtusd bitcoinforecast bitcoin
A rising wedge with a possible drop to 6421-6494 levels on 0.236fib is what i see in this TA. This observation is also backed by TA on smaller TFs. Remember, the support at 6400 is crucial for bitcoin to pump >7000. If not, we could see Inverse head & shoulders formation on daily candles if the the daily closes ~6200 (next support).

Comment your thoughts.
Comment:
Head & shoulders + bear flag on M15 /
snapshot
Comment:
There you go. Bitcoin below 6500 with bottom at 6440. Nice little profits. Do not forget to follow me on twitter. I share more real time updates there - twitter.com/Crypto_B.../1014281284250566656
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